US has made false deficit claims: report

The US has made great profits from trade with China

1. The US has made $940 billion from trade with China and related activities in 2017.

$153.9 billion (US goods export to China)

+ $87.1 billion (US service export to China)

+ about $700 billion (Actual sales revenue of US companies in China)

≈ $940 billion

2. Capital flows into the US totaled $1.37 trillion from China by the end of 2017.

$155.8 billion (Accumulative investment to US from China)

+ $1.18 trillion (US debt that China owns)

+32.6 billion (Investment income of US financial entities that invest in China’s financial entities)

≈ $1.37 trillion

US propagation of a "loss" in US-China trade is groundless!